Part 4Stamp duty land tax

Reliefs

60Compulsory purchase facilitating development

(1)

A compulsory purchase facilitating development is exempt from charge.

(2)

In this section “compulsory purchase facilitating development” means—

(a)

in relation to England F1... F2..., the acquisition by a person of a chargeable interest in respect of which that person has made a compulsory purchase order for the purpose of facilitating development by another person;

(b)

in relation to Northern Ireland, the acquisition by a person of a chargeable interest by means of a vesting order made for the purpose of facilitating development by a person other than the person who acquires the interest.

(3)

For the purposes of subsection (2)(a) it does not matter how the acquisition is effected (so that provision applies where the acquisition is effected by agreement).

(4)

In subsection (2)(b) a “vesting order” means an order made under any statutory provision to authorise the acquisition of land otherwise than by agreement.

(5)

In this section “development”—

(a)

in relation to England F3..., has the same meaning as in the Town and Country Planning Act 1990 (c. 8) (see section 55 of that Act);

F4(b)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F5(c)

in relation to Northern Ireland, has the same meaning as in the Planning Act (Northern Ireland) 2011 (see section 23 of that Act).